Over $14 Billion in U.S. Clean Energy Investments Have Been Canceled or Stalled This Year
https://www.ecowatch.com/clean-energy-investments-cancelled.html
by chrisdh79
Over $14 Billion in U.S. Clean Energy Investments Have Been Canceled or Stalled This Year
https://www.ecowatch.com/clean-energy-investments-cancelled.html
by chrisdh79
2 comments
From the article: More than $14 billion in clean energy projects have been canceled or delayed in the United States since January, according to a new analysis by Environmental Entrepreneurs (E2), a nonprofit clean energy business group.
The 2025 losses have also cost 10,000 new jobs in low-carbon energy and clean vehicle factories, a press release from E2 said.
The cuts came amid rising fears over what the future holds for federal clean energy policy and tax credits. In April, $4.5 billion in new electric vehicle (EV), battery and wind energy projects were canceled by companies in advance of the U.S. House of Representatives’ passage of an enormous tax and spending package — the One Big Beautiful Bill Act — which would essentially do away with clean energy tax credits passed in 2022.
“Now is not the time to raise taxes on clean energy and compound the business uncertainty that is clearly taking a greater and greater toll on U.S. manufacturing and jobs,” said Michael Timberlake, communications director at E2, in the press release.
Gotta fund those birthday parties somehow?
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